Aug 28, 2009 12:44 AM ET
L’Oreal closed higher after it reported lower than expected decline in earnings. Aeroprts de Paris gained after it offered positive outlook. Hermes International declined after first half earnings fell. French builder Bouygues SA surged after it reported better than expected earnings.
Aug 28, 2009 7:50 PM ET
The advertising agency Aegis first half profit plunged but revenues increased. Johnston press losses widen as revenues declined 25%. PartyGaming revenues decline on strong dollar. Songbird Estate prepares to sell stakes to Chinese and Middle Eastern investors.
Aug 28, 2009 8:52 PM ET
Intel revised to current quarter sales outlook higher. Dell reported better than expected earnings. J. Crew, Inc increased after its quarterly revenues and income increased. Tiffany & Co surged on revised sales and earnings outlook. Toll Brothers offered weak revenue outlook for the fourth quarter.
Aug 28, 2009 6:46 PM ET
U.S. stocks traded sideways when most investors ignored the better sales forecast from Intel and better than expected earnings from Dell. Dollar edged higher. Sugar traded near high and copper rebounded to trade below $3 level.
Aug 27, 2009 6:11 PM ET
Strong yen and the talks of China curbing overcapacity in several industries dragged the benchmark index lower from the 11-month high. Three mobile handset makers are discussing merger. Nippon Sheet Glass drops 7% after its chief executive resigns abruptly.
Aug 27, 2009 5:27 PM ET
U.S. stocks traded sideways in light trading. Final read on the second quarter GDP, a decline in weekly unemployment claims and a rise in auto sales helped the sentiment. AIG and Citigroup surged on speculation. Weak earnings in Europe dragged indexes lower. U.S. sold $28 billion of bonds.
Aug 27, 2009 4:20 PM ET
European benchmark indexes declined after weak earnings reports. German consumer price index was flat in august and consumer spending increased on auto rebate program. Accor reported first-half net loss and Casino Guichard net flat but Credit Agricole net surges.
Aug 27, 2009 3:50 PM ET
UK stocks edged lower for the second day after financials and miners closed lower. Arriva Plc and Diaego Plc reported weaker than expected results. Kazakhmys increased after it estimated higher production volumes and lower operating costs in the current year. Savills Plc decreased 8.2%.
Aug 27, 2009 3:14 PM ET
Precision Castparts Corp led gainers in the S&P 500 index with a rise of 9.0%. Coldwater Creek Inc swings to a net loss in the second quarter. Jo-Ann Stores, Inc second quarter sales rise. American Eagle said second quarter sales fell 5% and net dropped 52%.
Aug 27, 2009 10:54 AM ET
Australian stocks closed unchanged after a weakness in global commodities prices. Woolworths reported higher earnings and guided a rise between 8% and 11% in the current fiscal year. Toll Holdings swung to a net income. Crown wrote down its disastrous foray into international casinos.